When the Internet auction company eBay opened a version of the company called eBayfrance for the French market,that was an example of market penetration.

Name: When the Internet auction company eBay opened a version of the company called eBayfrance for the French market,that was an example of market penetration.
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Market penetration is the strategy of selling more to the existing customers. This is an example of a market development strategy,which is attracting new customers to existing products.

When the Internet Auction Company EBay Opened a Version of the Company